[SMM lead Battery column] the supply of waste batteries is tight, the price is unusually strong, and the cost support of recycled lead is reflected.

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June 16 SMM domestic well-known recycled lead enterprises waste battery procurement quotation

Trend of lead market in SMM on June 16th

Shanghai market Mulun lead 14245 yuan / ton, flat water quotation for Shanghai lead 2007 contract; Jiangsu and Zhejiang market south, Shuikoushan lead 14245 million 14295 yuan / ton, Shanghai lead 2007 contract flat water to rise water 50 yuan / ton; another import KZ lead 14195 yuan / ton, 50 yuan / ton discount to Shanghai lead 2007 contract. The supply of waste battery is tight, and its price is unusually strong, which leads to the cost support of recycled lead, the lead exploration is low and rebounds, but the price advantage of the holder remains unchanged for the time being, but the price advantage is still not as good as the refinery supply, at the same time, the downstream procurement is limited, and the turnover in the bulk market is light.

Guangdong market Nanhua lead 14125 yuan / ton, the average price of SMM1# lead 50 yuan / ton; Henan Jinli 14075 yuan / ton, the average price of SMM1# lead flat quotation; Minshan, Henan 14025 yuan / ton, 50 yuan / ton discount to SMM1# lead. Hunan Shuikoushan 14025 yuan 14075 yuan / ton, 50% discount to the average price of SMM1# lead to flat water quotation; Jiang Copper 14075 yuan / ton, quoted price of SMM1# lead average price flat water. Anhui Copper Crown 1407514125 yuan / ton, the average price of SMM1# lead to 50 yuan / ton; Yunnan small factory 1377513825 yuan / ton, the average discount price of SMM1# lead 25000yuan / ton. The price is low, the refinery basically maintains the flat water quotation, the market bulk order quotation decreases, today the downstream purchase is still good, maintain the purchase quantity just needed, but due to the weakening of the terminal order, the transaction feedback from the holder is still low.

The Shanghai period fluctuated upward along the daily average line, and the quotation of waste batteries maintained stability. Due to the profit problem of the smelter, the supply of reduced lead market was limited, the original lead quotation was relatively strong, the discount for recycled lead including tax continued to narrow, and the turnover of recycled lead market was light.

The electric lead plate (internalized) is 15650tel 15900 yuan / ton, and the consumption of the battery market has not improved greatly for the time being. most of the major enterprises maintain the promotion of batteries, and at the same time, enterprises fix production by sales.

In 2019, global trade disputes escalated, the global economy was under pressure, and central banks began a wave of interest rate cuts. At the same time, the meeting of the political Bureau of the CPC Central Committee stressed that at present and for some time to come, the basic trend of China's economic stability and long-term improvement will remain unchanged, and 2020 will also be the year when China will build a moderately prosperous society in an all-round way and the 13th five-year Plan ends. In this context, the new crown virus is rampant all over the world, and it is worth looking forward to how to achieve steady economic growth.

In terms of the lead market, the newly expanded production capacity of overseas mines has been released one after another from 2019 to 2020, but the overseas epidemic has spread and some overseas mines have been put into production and mines under construction. Where will the lead concentrate go in 2020? At the same time, new expansion projects in China's recycled lead market are springing up everywhere. What is the actual output release in 2020? Whether the cost support is effective or not, the supply of waste batteries has become the focus of the future market; and under the influence of a number of policies (such as the new national standard for electric bicycles, motorcycle purchase tax exemption, etc.), whether the subsequent lead consumption matches, and what is the trend of lead prices in 2020?

In response to the above topics, SMM will invite industry celebrities, industry professionals, enterprises from the upper and lower reaches of the industrial chain to hold the "2020 (15th) lead and Zinc Summit" in Changsha to jointly discuss the current situation and problems of the industry, as well as the future development prospects, and analyze the fundamentals and the future trend of zinc prices.

Click to sign up for SMM 2020 (15th) lead and Zinc Summit

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